Creatd’s Flyte AI-Driven Platform Advances New Empty Legs Offering

Rhea-AI Summary

Creatd (OTC: CRTD) has announced that its aviation subsidiary, Flyte, has launched a new Empty Legs program offering up to 90% discounts on repositioning flights. The initiative aims to monetize otherwise empty aircraft repositioning flights while making private air travel more accessible.

The program serves dual purposes: generating incremental revenue and collecting valuable market data to inform Flyte's planned expansion into scheduled Vision Jet shuttle services. Through strategic partnerships with Part 135 operators, Flyte is expanding its route coverage without additional fleet capital investment, maintaining an asset-light business model.

Passengers can book Empty Leg flights through Flyte's web app and select broker channels, receiving private-terminal access and full charter amenities. The company plans to use operational data to optimize pricing and accelerate the launch of scheduled regional shuttle services.

Positive

• New Empty Legs program offers up to 90% discounts on private flights, expanding market accessibility
• Asset-light business model through strategic partnerships with Part 135 operators
• Program generates incremental high-margin revenue from otherwise empty flights
• Real-time demand data collection to inform future route expansion

Negative

• Empty Leg flights limited to pre-scheduled one-way routes
• Success dependent on operator fleet availability and repositioning schedules

News Market Reaction – CRTD

+4.40%

1 alert

+4.40% News Effect

On the day this news was published, CRTD gained 4.40%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

• Accessible Private Travel: Flyte’s new Empty Legs offering provides discounts of up to 90% on repositioning flights, expanding access to business-jet service.

• Per-Seat Roadmap: Empty Leg demand data will inform the rollout of scheduled, ticketed Vision Jet shuttles.

• Strategic Partnerships: Agreements with select operator fleets expand capacity while preserving asset-light economics.
  

NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its aviation subsidiary, Flyte, has introduced Empty Legs, a pre-scheduled one-way offering that monetizes aircraft repositioning while materially lowering the consumer’s cost of private and regional air travel. The initiative is designed to generate incremental, high-margin revenue.

Flyte’s Empty Leg itineraries are released at up to 90% below traditional charter rates, creating an on-ramp for first-time private flyers and cost-conscious corporate travelers. Because these flights would otherwise operate empty, variable costs remain minimal, allowing Flyte to convert an unavoidable expense into a meaningful profit stream and real-time market laboratory.

“Flyte’s Empty Legs is a discounted flight program that doubles as a data engine guiding our move to scheduled, ticket-based service,” said Jeremy Frommer, CEO of Creatd, Inc. “Each booking gives us real-world demand insights, letting us launch future Vision Jet routes with proven interest and strong unit economics.”

To accelerate market penetration, Flyte is aligning with a curated group of Part 135 operators whose repositioning inventory now populates the Flyte digital platform, instantly broadening route coverage without incremental fleet capital. Insights from load factors, booking velocity, and origin-destination pairs will guide the rollout of dedicated Vision Jet shuttles on underserved Northeast city pairs.

“The Vision Jet’s low operating cost and short-field performance make it ideal for high-frequency regional service,” added Marc Sellouk, Founder of Flyte. “Paired with our operator network, we can scale capacity rapidly while keeping balance-sheet leverage low, a proposition we believe will resonate with both travelers and investors.”

All Empty Leg passengers enjoy private-terminal access, expedited boarding, and the same cabin amenities provided on full-fare charters. Inventory is searchable in real time via Flyte’s web app and is distributed through select broker channels to maximize seat absorption and data capture.

Looking ahead, Flyte will leverage operational data from the Empty Legs program to refine pricing algorithms, deepen operator partnerships, and accelerate the launch of scheduled Vision Jet shuttles, advancing its mission to make regional private aviation as predictable, affordable, and scalable as any modern transportation network.

About Creatd, Inc.

Creatd, Inc. focuses on investments and operations across technology, media, aviation, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio.

About Flyte, Inc.

Flyte is an air mobility company redefining private air travel through AI-powered infrastructure and user-centered design. Flyte operates Flyte Hops, a regional air taxi service, as well as Flyte Luxe, a premium global charter service.

For investor inquiries, contact:
ir@creatd.com

FAQ

What is Creatd's (CRTD) new Empty Legs program?

Flyte's Empty Legs is a program offering up to 90% discounts on private jet repositioning flights, making private air travel more accessible while monetizing otherwise empty flights.

How does Flyte's Empty Legs program benefit CRTD investors?

The program generates high-margin revenue from previously unused capacity, provides valuable market data for future expansion, and maintains an asset-light business model through strategic partnerships.

What are the key features of Flyte's Empty Legs service?

The service includes private-terminal access, expedited boarding, full charter amenities, and can be booked through Flyte's web app or select broker channels.

How will Flyte use the Empty Legs program data?

Data on load factors, booking velocity, and origin-destination pairs will guide the rollout of dedicated Vision Jet shuttles on underserved Northeast city pairs.

What is Flyte's expansion strategy for its aviation services?

Flyte plans to leverage Empty Legs operational data to refine pricing algorithms, strengthen operator partnerships, and launch scheduled Vision Jet shuttle services in underserved markets.